Business Wire


Press releases and announcements from the world of banking technology, fintech, payments and paytech, and the broader financial services sector, distributed by Business Wire.

Tide Encourages UK Businesses to ‘Kickstart’ Global Carbon Removal Movement to Deliver Net Zero

LONDON–(BUSINESS WIRE)–Tide, the leading digital business financial platform, has called for UK businesses to kickstart a global carbon removal movement by taking full advantage of underutilised marketplaces to deliver Net Zero. Last month, Tide became the first fintech in the world to remove 100% of its emissions with durable carbon removal. Tide believes Carbon Removal […]

SureX Launches One-Stop Platform for DeFi Investments and Money Management

MAHE, Seychelles–(BUSINESS WIRE)–SureX Exchange is on a mission to provide greater access to the dividends of decentralized finance (DeFi). To achieve this, the SureX team has launched a simple and easy-to-use one-stop platform for making DeFi investments and managing money. With a US MSB license, SureX Derivatives Exchange is the world’s leading and most accessible […]

SureX Launches One-Stop Platform for DeFi Investments and Money Management

MAHE, Seychelles–(BUSINESS WIRE)–SureX Exchange is on a mission to provide greater access to the dividends of decentralized finance (DeFi). To achieve this, the SureX team has launched a simple and easy-to-use one-stop platform for making DeFi investments and managing money. With a US MSB license, SureX Derivatives Exchange is the world’s leading and most accessible […]

Top PH Digital Solutions Firm Globe, PH Trade Department, Singapore’s Proxtera, Partner to Equip Filipino MSMEs With Financial Skills

MANILA, Philippines–(BUSINESS WIRE)–#FinancialEmpowerment–The Philippines’ top digital solutions platform Globe has partnered with Singapore-based Proxtera, lead operator of the SME Financial Empowerment (SFE) program, and the Philippine Trade Training Center – Global MSME Academy (PTTC-GMEA), the training arm of the Department of Trade and Industry, to champion the SFE Program, which provides online courses designed to […]

Simply Easier Payments Releases Intelligent Invoicing, An Enhanced Solution for Agency Invoicing and Billing

Innovation streamlines and integrates premium finance with suite of agency tools DURHAM, N.C.–(BUSINESS WIRE)–Simply Easier Payments has announced its release of an innovative insurance invoicing and billing solution. Called Intelligent Invoicing, this integrated solution takes insurance payments to a new level of convenience by combining industry-leading agency billing and premium finance. Intelligent Invoicing combines a […]

RS2 and Landsbankinn Bring Merchant Acquiring Services to Iceland

FRANKFURT, Germany & REYKJAVIK, Iceland–(BUSINESS WIRE)–#acquiring–RS2, the global payments processing and technology leader, announced today that Iceland’s most innovative bank, Landsbankinn, has launched its own merchant acquiring services using RS2’s payments processing platform. Landsbankinn business customers can now concentrate all their payment services in one place, resulting in significantly increased efficiency and with full visibility […]

Alacriti Partners with Socure to Provide Instant Payments Fraud Prevention

PISCATAWAY, N.J.–(BUSINESS WIRE)–#fasterpayments—Alacriti, a fintech company specializing in payments, announced today that it has partnered with Socure, the leading provider of digital identity verification and fraud solutions, to deliver third-party and synthetic identity fraud prevention for instant payments. “Faster payments deliver greater convenience and instant access to funds. Yet its growing adoption brings different fraud […]

Central Payments Extends Processing Services Relationship with Galileo Financial Technologies

Long-term Contract Extension Ensures Payments Capabilities for Embedded Finance and Fintechs SALT LAKE CITY–(BUSINESS WIRE)–#BaaS—Central Payments, architect of the award-winning Open*CP Fintech API MarketplaceSM and ‘REAL’ Banking-as-a-Service (BaaS) provider, announces a long-term processing services renewal with Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI). […]

Q2 Announces Premium Treasury Pricing Solution to Help Financial Institutions Grow Deposits, Increase Fee Income and Expand Client Relationships

The unified treasury pricing and relationship profitability solution designed for treasury officers delivers a seamless experience across business units AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced Q2 Premium Treasury Pricing, a unified relationship pricing and profitability module of Q2 PrecisionLender to help financial […]

ICE Benchmark Administration Provides Update on its Intention to Launch USD SOFR Spread-Adjusted ICE Swap Rate® as a Benchmark

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) plans to launch U.S. dollar (USD) SOFR Spread-Adjusted ICE Swap Rate® for use as a benchmark in financial contracts and financial instruments by licensees on June 30, 2023. USD SOFR Spread-Adjusted ICE […]

Cantaloupe CEO Ravi Venkatesan Appointed to the Board of FinTech Atlanta

Seasoned FinTech Executive to Help Drive FinTech Industry Growth in Georgia MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #cantaloupeinc—Cantaloupe, Inc. (NASDAQ: CTLP), a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, is pleased to announce that its CEO Ravi Venkatesan has been appointed to the Board of FinTech Atlanta, a coalition of companies […]

Opto Investments Forms Advisory Council Comprising Industry Veterans

Platform that connects RIAs to highly sought-after private investments taps financial services leaders for strategic insights NEW YORK–(BUSINESS WIRE)–#Alternatives—Opto Investments (“Opto”), the technology-enabled solution that empowers independent investment advisors to confidently access private markets, today announced it has created an advisory council that brings together seasoned financial services entrepreneurs and thought leaders. “Wealth advisors operate […]

Christian and Timbers Recruits Board Member for Forge

Tech’s Top Search Firm, Christian & Timbers, secures Debra Chrapaty from Toast as a Board Member for Forge Global, a top public fintech data platform market leader. SAN FRANCISCO–(BUSINESS WIRE)–#BoardMember—Debra Chrapaty, a highly accomplished CTO, joins Forge Global’s board of directors with 25+ years of advanced experience in business and technology leadership. She possesses a […]

Built Technologies Secures Investment From Citi

Partnership opens new market opportunity for Built Technologies with one of the largest U.S. banking institutions NASHVILLE, Tenn.–(BUSINESS WIRE)–Built Technologies, one of the fastest growing construction and real estate software providers in the U.S., has announced a strategic investment from Citi through its SPRINT program. Citi SPRINT (“Spread Products Investment Technologies”), the strategic investing arm […]

Tecnotree Recognized as Representative Vendor in Gartner Market Guide for CSP Customer Management and Experience Solutions

ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a global digital platform and services leader for 5G, IOT, and cloud-native technology, announced that it has been named as a representative vendor in the 2022 Gartner Market Guide for CSP Customer Management and Experience Solutions. The Gartner report is authored by analysts Juha Korhonen, Amresh Nandan, Chris Meering, and Susan Welsh […]

Impact Podcast with John Shegerian Features Intuit’s Debbie Lizt

LOS ANGELES–(BUSINESS WIRE)–#climate–Debbie Lizt, Head of Global Sustainability for Inuit, is a featured guest this week on the Impact Podcast with John Shegerian. The show is hosted by Shegerian, Co-Founder and Chairman/CEO of ERI, the nation’s leading fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company. Intuit, the global financial technology […]

SecuX Launches MnemonicX 2048 NFT Empowered by Asus Metaverse Soulbound Token Solution

NEW YORK–(BUSINESS WIRE)–$asus #BIP39–SecuX, a blockchain security company launches MnemonicX 2048, the first-ever soulbound cold wallet NFT project. This project celebrates the BIP39 mnemonic seed phrase and SecuX Nifty-X, the pioneering soulbound cold wallet. The first 2,048 SecuX Nifty-X users will receive a MnemonicX 2048 SBT (soulbound token) and an NFT, each corresponding to a […]

ADDING MULTIMEDIA Buildrs to launch Web3 CRM and Data Platform at Istanbul Fintech Week

ZUG, Switzerland–(BUSINESS WIRE)–Buildrs – a Swiss-based company driving the adoption of Web3 – is set to unveil the Buildrs Platform – a CRM and data platform at Istanbul Fintech Week. The launch of this pioneering technology platform will take place on 13 April 2023, and is accompanied by endorsement from Riyadh-based investment company Quara Holding. […]

Demand for Secure and Private Data Security Architecture Grows as Open Raven Wins New Customers and Investment

The company launched expanded multi-cloud capabilities and entered a strategic partnership with In-Q-Tel LOS ANGELES–(BUSINESS WIRE)–Open Raven — the data security posture management company helping prevent cloud data leaks, breaches, and compliance incidents — announced increased demand from new enterprise customers like Deserve Inc., a new strategic partner, In-Q-Tel Inc., and expanded multi-cloud capabilities, including […]

Bluevine and Wise Launch International Bill-Pay Solution for U.S. SMBs

New partnership powered by Wise Platform allows businesses to make international payments with no hidden fees to 26 countries NEW YORK, N.Y. & JERSEY CITY, N.J.–(BUSINESS WIRE)–Wise, the global technology company building the best way to move money around the world, and Bluevine, the leading provider of small business banking solutions, today announced a partnership […]

Qraft Technologies Launches Al-Powered Model Capturing Stock-Level Signals Ahead of Potential FDA Drug Approvals, M&A, Earnings Surprises and More

New model processes tick data from stock and options markets to identify patterns that could imply corporate events. NEW YORK & SEOUL, South Korea–(BUSINESS WIRE)–#AI—Qraft Technologies, a leading invest-tech company developing artificial intelligence investing solutions, announces the launch of mosaiQ.ai, a unique, AI-powered model designed to capture patterns that could imply corporate events by processing […]

Salem Five Among Financial Institutions Set to Launch the FedNowSM Service with Fiserv

Nearly 20 financial institutions, including Salem Five, Peoples Bank and Mediapolis Savings Bank, are readying to move the industry forward with commitments to offer real-time payment services as part of the FedNow pilot program BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. and its financial institution clients will continue to advance the availability of real-time payments in the U.S. […]

OriginClear Retains BUYINS to Surveil OCLN Short Sellers and Market Makers

Approximately 125 Million Total Shares Shorted Since November 2019 Short Squeeze Expected When OCLN Exceeds $0.038 SqueezeTrigger Price CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #cleanwater—OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces today that it has retained BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance. […]

IPinfo Launches Free IP Datasets on Snowflake Marketplace

Joint customers can now access IPinfo’s free IP to Country and ASN datasets on Snowflake Marketplace SEATTLE–(BUSINESS WIRE)–IPinfo today announced that joint customers now have access to free IP to Country and Autonomous System Numbers (ASN) datasets on Snowflake Marketplace. Since 2019, IPinfo’s engineering team has optimized queries by improving join times with Snowflake’s powerful […]

Intellicheck Achieves GDPR Certification Underscoring the Company’s Ongoing Commitment to Data Privacy and Security

MELVILLE, N.Y.–(BUSINESS WIRE)–#dataprivacy—Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identity validation solutions, today announced it has successfully met all GDPR requirements to achieve full certification. GDPR or General Data Protection Requirements is the European standard that must be met for consumer privacy protection for companies to do business in […]

Payfare Expands Partnership with NCR to Power Self-Service Financial Tools for Cardholders

ATLANTA & TORONTO–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a leading enterprise technology provider, has expanded its partnership with Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce. The extended partnership makes NCR a provider of self-service financial solutions for Payfare’s cardholders across the United States for both […]

Pioneer Valley Credit Union Partners with Mahalo Banking to Accelerate Digital Transformation

Digital banking platform provider to enhance credit union’s digital banking offering to meet member demands and advance ease of use TROY, Mich.–(BUSINESS WIRE)–#automation–Springfield, Mass.-based Pioneer Valley Credit Union (Pioneer Valley) has signed a partnership agreement with Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions. By launching the Mahalo Banking […]

Regula Redesigns Its Biometric Verification: The Fast, Versatile, and Fraud-Proof Solution

To address the global demand for high-quality face recognition as a part of identity verification, Regula has updated its Face SDK. It now features increased accuracy of biometric verification and contributes to a more attractive user experience, as users will be able to go through all the mandatory steps of verifications all by themselves with […]

Metropolitan Commercial Bank Enters the EB-5 / E-2 Banking Sector

Hires Robert J. Sloposky, a 14-Year EB-5 / E-2 Veteran NEW YORK–(BUSINESS WIRE)–Metropolitan Commercial Bank (the “Bank”) today announced that it has formed the Metropolitan Commercial Bank EB-5 / E-2 International Group to deliver banking services and products for United States Citizen and Immigration Services EB-5 Immigrant Investor Program investors, developers, Regional Centers, government agencies, […]

Trium Cyber Launches Excess Program Powered by Origami Risk’s Multi-Tenant SaaS P&C Insurance Core Solution Suite

Firms Collaborate to Speed First Phase of Tech Implementation in Three Months; Primary Cyber Underwriting, Claims Admin Tools to Follow HARTFORD, Conn.–(BUSINESS WIRE)–#CoreSolutions–Trium Cyber, a Lloyd’s services company providing cyber insurance, risk management, and claims adjudication services announced it has officially launched its excess cyber program, completing the first phase of its implementation of Origami […]

Kin Brings Home and Property Insurance to Mississippi

Fast-growing insurtech company customizes coverage and saves homeowners time, stress, and money CHICAGO–(BUSINESS WIRE)–#homeinsurance–Kin, the direct-to-consumer home insurance company built for every new normal®, today announced its expansion into Mississippi. Kin is now able to provide Magnolia State residents with an easy, affordable, and personalized insurance experience. Mississippi is located in the heart of Dixie […]

Intention.ly Launches Financial Services Book Club to Revolutionize Industry Learning

The club’s inaugural meeting features retirement income legend Wade Pfau and the second edition of his Retirement Planning Guidebook PHILADELPHIA–(BUSINESS WIRE)–#FinanceForAll–Intention.ly, the growth engine design consultancy firm transforming the way fintech and finserv firms approach marketing, is excited to announce the launch of the Intention.ly & Friends Book Club, a virtual forum for industry visionaries, […]

Sumsub releases transaction monitoring guide to advise businesses on fighting fraud and staying compliant

Experts from Sumsub and Pismo offer practical insights on setting rules for transaction monitoring and handling its typical challenges MIAMI–(BUSINESS WIRE)–#AML–Sumsub, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, today published its Complete Guide to Transaction Monitoring to provide a detailed picture of transaction monitoring as […]

Qolo Selected by KeyBank to Provide Flexible Virtual Accounts and API-Based Payment Solutions

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Qolo, the leading omnichannel card and payment platform, announced today that they have been selected to power KeyBank’s integrated application programming interface (API)-based payment solutions and virtual accounts. This investment in Qolo’s capabilities provides KeyBank’s customers the capability to instantly create advanced virtual accounts, and to seamlessly connect to underlying payment modalities, […]

Advisors Turn to White Label Funds as Demand for Alternative Investments Rise

CAIS’ ‘Custom Funds’ Provides Advisors with Improved Operational and Investment Efficiency NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, continues to see an increase in demand for customized white label funds among independent broker-dealers (IBDs) and registered investment advisors (RIAs) seeking alternative asset allocations on behalf of their clients. CAIS’ white […]

National Safety and Risk Expands Product Offering with Selection of Majesco Loss Control and Property Intelligence

MORRISTOWN, N.J.–(BUSINESS WIRE)–#futureforecast–Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced National Safety and Risk (NATSR) selects Majesco Loss Control to expand its vast service offering to include Risk Recommendation Management and AI powered virtual property scoring using Majesco Property Intelligence to accelerate its growth, propel its innovative offerings […]

Mastercard’s Cross-Border Services Express Helps Modernize International Payments

Enables access to over 100 markets covering 90% of the world’s population with simple integration LONDON & PURCHASE, N.Y.–(BUSINESS WIRE)–Today, Mastercard introduced Cross-Border Services Express, a new tool that enables financial institutions to seamlessly set up international payments for their customers, including consumers and small and medium-sized enterprises (SMEs), which have a strong need for […]

Brassica Raises $8M, Secures WY Trust Charter, and Unveils New Web 2.5 Investment Infrastructure API for Alternative Investment Ecosystem

Comprehensive API-enabled custodial and transfer agent services designed for alternative assets enable enterprises to build compliantly in highly regulated industry. Brassica will offer scalable “investment infrastructure as a service” via proprietary, cutting-edge technology integrated with its Wyoming Trust Company. HOUSTON–(BUSINESS WIRE)–Brassica Technologies Inc. (“Brassica” or the “Company”), a newly-launched financial infrastructure technology company developing enterprise […]

Mississippi-Based Bank Chooses Teslar Software to Streamline Lending Process

Magnolia State Bank partners with fintech to increase operational efficiencies and empower lenders SPRINGDALE, Ark.–(BUSINESS WIRE)–Magnolia State Bank and Teslar Software today announced their partnership to help manage exceptions volume and enhance the lending process. The $420 million-asset community bank will leverage Teslar’s sophisticated exceptions tracking tools to save time and boost efficiencies. “In a […]

Visa and Partners Bring Interoperability to Digital Person-to-Person Payments

Introducing Visa+, a new service that will allow friends, family and just about anyone to send and receive money across digital payment platforms SAN FRANCISCO–(BUSINESS WIRE)–Today, Visa announced it is partnering with PayPal and Venmo to pilot Visa+, an innovative service that aims to help individuals move money quickly and securely between different person-to-person (P2P) […]

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